Commercial Real Estate Pro Network
Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
info_outline Ultra Wealthy Investment Solutions with Richard Wilson - CREPN # 260 08/06/2020
Ultra Wealthy Investment Solutions with Richard Wilson - CREPN # 260 Today my guest is Richard C. Wilson. Richard is a third generation Eagle Scout. He's also the founder of the Family Office Club, which has over 2000 registered investors. And his team offers a digital investor platform and sources direct investment opportunities for his 58 investor clients.
info_outline BIGGEST RISK with Richard Wilson 08/04/2020
BIGGEST RISK with Richard Wilson For my company, even though we have good managing directors, I think the BIGGEST RISK is myself, you know, I'm driving forward a ton of the new content. You know, when I when I hang up here, we're doing a 1000 person webinar. And I've got someone on my team that could do a webinar on many different topics, but not the same topics I could, you know, fluidly and so it's kind of like a key man risk.
info_outline Richer Than A Millionaire with Bill Danko - CREPN #259 07/30/2020
Richer Than A Millionaire with Bill Danko - CREPN #259 Today my guest is Dr. William "Bill" Danko. He is the co author of The New York Times bestseller, the Millionaire Next Door, and also his newest book, Richer Than a Millionaire.
info_outline BIGGEST RISK with Bill Danko 07/28/2020
BIGGEST RISK with Bill Danko I think when people are just so blind to well, for example, in Miami Beach right now. There are a lot of people with very beautiful houses on a flood plain or a rising ocean. And one of the things that they're doing in Miami is raising the roadways and creating culverts to drain off the water. What seemed like a good idea at the time to build a house next to the ocean is, in retrospect, not a very good idea. So sometimes we bring this on ourselves.
info_outline Commercial Real Estate BRRR with Anthony Scandariato - CREPN #258 07/23/2020
Commercial Real Estate BRRR with Anthony Scandariato - CREPN #258 Today my guest is Anthony Scandariato. Anthony is the co founder of Red Knight Properties. They are a multifamily syndication firm. It's a vertically integrated doing both investing and property management. And in a moment we're going to speak with Anthony about both multifamily and property management more specifically.
info_outline BIGGEST RISK with Anthony Scandariato 07/21/2020
BIGGEST RISK with Anthony Scandariato the BIGGEST RISK is to me it's always on the buy. So you have to always buy right you have to always run your numbers. You To run a sensitivity analysis, you have to understand, you know, if downside base case and upside, and if the downside scenario still makes sense, then it's a good deal. So the BIGGEST RISK is people not buying right? You know, we always not running these analysis because markets change, and right now they're changing every day.
info_outline Machine Learning AI and Commercial Real Estate with Alex Fleiss - CREPN #257 07/16/2020
Machine Learning AI and Commercial Real Estate with Alex Fleiss - CREPN #257 Today. My guest is Alex Fleiss. Alex is the CEO of RebellionResearch.com. They're an artificial intelligence company. He's also an instructor at Cornell Engineering. And in just a minute we're going to speak with him about AI and the potential to disrupt real estate.
info_outline BIGGEST RISK with Alex Fleiss 07/14/2020
BIGGEST RISK with Alex Fleiss 'd say the BIGGEST RISK is the unforeseen risks without a doubt, which obviously is manifest in the COVID-19 Black Swan event or the S&P debt downgrade of the US government in 2011. The unforeseen risks is always always the worst risk, but it's very, it's very hard to worry about risk, you know, because there's, it's almost a it's really endless.
info_outline People Relationship Key to Deals with Omar Khan - CREPN Radio #256 07/09/2020
People Relationship Key to Deals with Omar Khan - CREPN Radio #256 Today my guest is Omar Khan. Omar is a Chartered Financial Analyst. He's advised on over 3.7 billion of capital financing and merger and acquisition transactions. He's the principal at boardwalk wealth you The syndicated multiple large deals across the US. And in just a minute, we're going to speak with him about raising capital, working with institutional investors.
info_outline BIGGEST RISK with Omar Khan 07/07/2020
BIGGEST RISK with Omar Khan Not having enough liquidity. You could have the greatest asset in the world, if you don't have enough liquidity, none of it, you can survive. A lot of times when you're in trouble. All you need to do is run down the clock and survive. And liquidity offers you that, that comfort, or another word, a lot of times, you know, we are humans, when we're put under undue stress, we tend to do things that we would not do when we weren't under stress.
info_outline People, Property & Capital; Raising Money for Multifamily Real Estate with Tenny Tolofari - CREPN #255 07/02/2020
People, Property & Capital; Raising Money for Multifamily Real Estate with Tenny Tolofari - CREPN #255 My guest is Tenny Tolofari. Tenny is a co founder of Exide Capital Investment LLC, a multifamily real estate investment focused company based in Washington DC. And in just a minute we're going to speak with Tenny about the myth of finding, find the deal and the money will come.
info_outline BIGGEST RISK with Tenni Tolofari 06/30/2020
BIGGEST RISK with Tenni Tolofari Well, one of the BIGGEST RISK's for individual investor houses is one is not getting in the game is seen on the on the on the sidelines, right? Because if at the end of the day you you're thinking about getting ahead, and you are dependent on just one asset class to get ahead. You're going to be disappointed from what we're seeing right now. Right.
info_outline Flexible Workspace with Frank Cottle - CREPN #254 06/25/2020
Flexible Workspace with Frank Cottle - CREPN #254 Today my guest is Frank Cottle. Frank is a futurist based in Southern California. And in just a minute, we're going to speak with frank about the future of commercial real estate.
info_outline BIGGEST RISK with Frank Cottle 06/23/2020
BIGGEST RISK with Frank Cottle Well in in our business, which functionally is commercial real estate, I think it's cyclicality getting caught on the wrong side of the cycle. And you've seen a lot of property investors overall and market timing is always crucial. So cyclicality is probably the biggest risk and the protection from that comes with debt management. You can be highly you can deal with it. As much more effectively if you have a debt, a debt management program.
info_outline Lease Purchase Commercial Real Estate with Chris Prefontaine - CREPN #253 06/18/2020
Lease Purchase Commercial Real Estate with Chris Prefontaine - CREPN #253 Today my guest is Chris Prefontaine. He's got 25 plus years experience in real estate as a builder, developer, a realtor, real estate investor and also a best selling author. And just a minute we're going to speak with Chris about one of his his books and just the basic topic, real estate on your terms. But first, a quick reminder, if you like the show, CREPN Radio, please let us know.
info_outline BIGGEST RISK with Chris Prefontaine 06/16/2020
BIGGEST RISK with Chris Prefontaine I don't want to sound like a redundant broken record, but in my world so comes right to the top of my brain when you ask that is you signing personally and exposing your personal assets to anyone or anything?
info_outline Decision Making for Real Estate Investors with Gleb Tsipursky - CREPN #252 06/11/2020
Decision Making for Real Estate Investors with Gleb Tsipursky - CREPN #252 My guest is Gleb Tispursky. He is the CEO of Disaster Avoidance Experts. And he's on a mission to protect leaders from dangerous judgment errors, known as cognitive biases, which devastated bottom lines and bring down high flying careers. He's authored hundreds of articles and written multiple best selling books, including Never Go with Your Gut, The Truth Seekers Handbook and his newest book, Blind Spots Between Us.
info_outline BIGGEST RISK with Gleb Tsipersky 06/09/2020
BIGGEST RISK with Gleb Tsipersky So for me, and for me, and for many other people who are like me, the biggest risk, I would say is coal is a cognitive bias called the optimism bias. So I tend to be very optimistically biased. What does that mean? It's one of the cognitive biases where people tend to see the future as always bright. As always great. As you know, the grass is greener on the other side of the hill, everything is going to be wonderful, tend to be risk blind and tend to be have exaggerated expectations.
info_outline Qualified Intermediary Monetized Installment Sale with Ben Mandel - CREPN #251 06/04/2020
Qualified Intermediary Monetized Installment Sale with Ben Mandel - CREPN #251 My guest is Ben Mandel. Ben is a partner at Capital Appreciation Strategies. He's also a 35 year finance and real estate professional. And in just a minute, we're going to speak with Ben about an alternative tax deferral process to the 1031 exchange known as the Qualified Intermediary Monetized Installment Sale. But first, a quick reminder, if you like the show, CREPN Radio, please let us know.
info_outline BIGGEST RISK with Ben Mandel 06/02/2020
BIGGEST RISK with Ben Mandel Well, the biggest risk actually has two cards. Initially, the biggest one Risk is, as compared to the 1031 exchange, you, you will end up having to pay the tax at some point in the 1031. Exchange if you hold the property until you pass there's no tax ever pay. So that's that's part A of the biggest risk. Part B of the biggest risk is, if you were to pass prior to the note being or the time period being completed on the transaction, then the heirs would have to choose
info_outline Multifamily Asset Management with Anna Myers - CREPN #250 05/28/2020
Multifamily Asset Management with Anna Myers - CREPN #250 My guest is Anna Meyers. Anna is an apartment syndicator with Grocapitus based in the San Francisco Bay Area. They currently have over 1800 units. And in just a minute we're speak with Anna about asset management. But first a quick reminder, if you like the show, C R E P N Radio, please let us know you can like you can share or subscribe or and subscribe, you can do it all. And as always, we'd love to hear from you. If you want to leave a comment. We'd love to hear from our listeners.
info_outline BIGGEST RISK (Asset Management) with Anna Myers 05/26/2020
BIGGEST RISK (Asset Management) with Anna Myers What is the BIGGEST RISK of well I'm going to tie it back to a To Asset Management because there are, there are risks with investing in real estate. And I think it's a risk if if people aren't watching the bottom line and keeping track of their investments. So I think that, that you need to have your handles hand on data and keep on keep on, you know, keep on task to make sure that to mitigate the risk of things going wrong.
info_outline PACE Financing for Commercial Real Estate with Mansoor Ghori - CREPN #249 05/21/2020
PACE Financing for Commercial Real Estate with Mansoor Ghori - CREPN #249 My guest is Mansoor Ghori. Mansoor is the co founder and CEO at Petros PACE Finance. And in just a minute we're going to speak with him about PACE financing, what it is, and how it can help commercial real estate investors.
info_outline BIGGEST RISK with Mansoor Ghori 05/19/2020
BIGGEST RISK with Mansoor Ghori So I'll kind of dress this from a PACE perspective because I think from For more of a higher level perspective in terms of the economy, etc. I don't necessarily see a downturn in the economy as a risk to the PACE in which you actually think that is an opportunity. Because all the rest of the money in the capital is going to get tighter. And PACE will provide an opportunity for them to help them get projects done even in a downturn.
info_outline Raising Money for Multifamily Syndication with Dave Morgia - CREPN #248 05/14/2020
Raising Money for Multifamily Syndication with Dave Morgia - CREPN #248 Today my guest is Dave Morgia. Dave is raising money for multifamily syndication. He's based in the Big Apple, New York City. And he's also the host of the podcast Making Money in Multifamily. And in just a minute, we're going to talk with Dave about raising money for syndication.
info_outline BIGGEST RISK with Dave Morgia 05/12/2020
BIGGEST RISK with Dave Morgia I'm going to interpret this one as the biggest risks to myself. And my pride. And basically that I have now over the last year exposed myself into this field and made it public through these channels, whether it's a meetup or a podcast or, you know, Instagram, whatever social media. So the, the fear that goes along with failure is the biggest risk to me because I pretty much don't want to be able to say that I didn't do it. I don't want to have my tail between my legs and say that I failed.
info_outline Multifamily Value Add Investing with Lee Fjord - CREPN #247 05/07/2020
Multifamily Value Add Investing with Lee Fjord - CREPN #247 Today my guests at Lee Fjord. Lee is a multifamily real estate property manager syndicator real estate investor and he's based in the arch city, St. Louis, Missouri. And in just a minute we're going to speak with Lee about finding value add deals in your local market. But first a quick reminder, if you like the show, C R E P N Radio, please let us know you can like you can share subscribe. And as always leave a comment we'd love to hear from our listeners.
info_outline BIGGEST RISK with Lee Fjord 05/05/2020
BIGGEST RISK with Lee Fjord I would say the BIGGEST RISK in our business in this business of commercial multifamily is is interest rate risk. I think right now. We are at a wonderful place in time and economy with respect to our ability to get low interest rate loans with very, you know, high value to purchase or low downpayment purchase properties, low interest rates, and I think that you know, cap rates in the valuation of commercial property is directly associated with those.
info_outline Real Estate Syndication with Gene Trowbridge - CREPN #246 04/30/2020
Real Estate Syndication with Gene Trowbridge - CREPN #246 Gene Trowbridge is a commercial real estate broker, CCM syndicator. An author, he wrote the book, it's a whole new business. He's a speaker, a real estate attorney, and a founding partner at the corporate securities law firm Trowbridge, Sidoti LLP, and an expert in real estate syndication. And in just a minute, we're going to speak with Jean about syndication law, and the issues with regulation, the private placement.
info_outline BIGGEST RISK with Gene Trowbridge 04/28/2020
BIGGEST RISK with Gene Trowbridge Okay, well, you talked about avoiding minimizing and transferring. Okay? So avoiding the risk. In my best legal language; Don't do this! That's how you avoid the risk of being a syndicator. Just don't do it. And what is the biggest risk, the biggest risk is really, the investors. Never the property properties will get empty and go into foreclosure and all that you can always deal with that.